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There is growing concern over the economic damage caused by the spread of the new coronavirus, which began in China in January 2020. the Lunar New Year holiday lasted from the end of January to the beginning of February. The World Health Organization (WHO) declared a "public health emergency of international concern" on January 30.
We lay out two scenarios for potential impact on the global smartphone market.
In the Q3 ’19 forecast update, IHS Markit predicted that the Chinese market would stop declining and rebound in 2020. However, due to the current situation, the Chinese market is likely to contract in units again. Global smartphone shipments are also likely to be lower than previously expected.

Huawei has been added to the Entity List by the US Department of Commerce. Companies or persons on the Bureau of Industry and Security (BIS) Entity List are required to obtain a license before they can buy or transfer American technology.

Moving contrary to current popular belief—that the future evolution of networking is fully open and software defined—Nokia comes to market with an unapologetically hardware-oriented launch of its newest generation of routing silicon and purpose-built high-performance routers. With this announcement, Nokia signals its ongoing commitment to developing high-performance routing and switching hardware for its traditional base of service provider customers while also putting an increased focus on the web-scale Internet Content Providers (ICPs). Clients, please log in to read the full content.